David Carle | Co-Founder | david.carle@wallstio.com

David Carle is a seasoned Capital Markets Expert with over 30 years in the industry.  During that time, he has held numerous senior executive roles including as Managing Director of Global Systems Development overseeing a 120 person staff.  David has been responsible to lead the design, build and implementation of proprietary and 3rd party Global Trading and Risk Management Systems.  As an expert in Big Data, David has helped firms such as Goldman Sachs with their Data Mobility Strategy as well as firms such as Bridgewater with their state-of-the-art research platform.  David has a unique ability to distill incredibly complex problems into workable, usable solutions.  His data efforts created a start-up funded by the initial venture investment of firms like Apple and Intel.  David’s ability to perceive and manage Big Data has helped numerous firms leverage information for competitive advantage, monetization as well as meet risk and regulatory requirements.  His technology and vision accelerate design, development, and deployment of systems and solutions.

During his career, David has worked for and/or advised CIO’s, CTO’s and BOD’s at the World’s largest Banks, Hedge Funds, Insurance Companies, Exchanges, Clearing Organizations and Energy Companies on a wide range of technology issues, including:

• Enterprise Technology Strategy
• Expert Systems
• Big Data
• Analytics
• Risk Management
• Regulatory Requirements
• Governance

Victor Marranca | Co-Founder | victor.marranca@wallstio.com

Victor is a Regulatory Data Leader with 19+ years of experience in the Financial Services Industry, specializing in leading high-profile programs, complex project management and product design and delivery. Victor has deep experience in Regulatory Reporting and Risk Management data initiatives. He has previously held FINRA Series 7 and 24 registrations with two broker dealers. Thought leadership published on CAT reporting (JSOC) and LIBOR Transition (Capco).

Regulatory Expertise

• CAT Reporting Offering
  • Most recently engaged with three CAT Industry Members to develop CAT reporting and exception handling for 2a (Initial Equities) and 2b (Initial Options) phases
  • Provided guidance on 2c, 2d and 2e implementations
  • Developed and established CAT Reporting offering at consultant firm: Created POVs and thought leadership, participated in industry events and educated employees and clients on Rule 613
  • Developed order, execution, allocation and customer information vendor templates (Fidessa, Flex Trade) to accelerate CAT requirement gathering, planning and testing
• OATS Gap Analysis and Regulatory Reporting Target Operating Model Design
  • Established a Control Framework which enabled Regulatory Operations, Compliance and IT to conceptualize reporting required for each business type and validate proposed reporting
  • Designed and created a standalone Regulatory Reporting validation system prototype which successfully identified OATS issues within bank’s current OATS submissions
• Transaction and Regulatory Reporting Product Manager 
  • Established applications to support policies and practices of various compliance requirements, including ACT, OATS, OTS, EBS, SEC Rule 605, 606, 17a-4, 5, 6 and other reporting regulations for wide swath of Equities, Options, ETFs and various complex products
  • Managed multi-million-dollar book of work and aligned firm’s products and processes with firm policy and SDLC methodologies (e.g. ATS infrastructure and architectural upgrade)
  • Established SOPs enforcing regulatory data retention, auditing practices for Compliance and streamlining OATS research, analysis and exception handling

Core/Functional Expertise

• Project / Program Management
• Regulatory Transformation
• Regulatory Reporting Compliance
• Process Improvement / Optimization
• Data Governance and Controls
• Risk and Controls
• Externally published pieces of Thought Leadership focused on Regulatory Compliance
• Previously held FINRA Series 7 and 24 registrations
• TOM assessment